Avantis U.S. Equity ETF (NYSEARCA:AVUS) Sets New 12-Month High – Time to Buy?

Avantis U.S. Equity ETF (NYSEARCA:AVUS)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $113.54 and last traded at $113.7210, with a volume of 47440 shares. The stock had previously closed at $112.55.

Avantis U.S. Equity ETF Trading Up 1.1%

The stock’s fifty day moving average is $110.85 and its 200 day moving average is $107.14. The company has a market capitalization of $10.66 billion, a P/E ratio of 20.35 and a beta of 1.02.

Institutional Trading of Avantis U.S. Equity ETF

Large investors have recently modified their holdings of the business. Harbor Asset Planning Inc. bought a new stake in shares of Avantis U.S. Equity ETF in the 2nd quarter worth approximately $29,000. EverSource Wealth Advisors LLC boosted its holdings in Avantis U.S. Equity ETF by 138.7% in the second quarter. EverSource Wealth Advisors LLC now owns 358 shares of the company’s stock valued at $36,000 after acquiring an additional 208 shares in the last quarter. Parkside Financial Bank & Trust boosted its holdings in Avantis U.S. Equity ETF by 151.0% in the third quarter. Parkside Financial Bank & Trust now owns 394 shares of the company’s stock valued at $43,000 after acquiring an additional 237 shares in the last quarter. Promus Capital LLC purchased a new position in Avantis U.S. Equity ETF during the 2nd quarter valued at $48,000. Finally, Trust Co. of Vermont bought a new position in Avantis U.S. Equity ETF in the 3rd quarter worth $51,000.

About Avantis U.S. Equity ETF

The Avantis U.S. Equity ETF (AVUS) is an exchange-traded fund that is based on the Russell 3000 index. The fund is an actively managed portfolio of US equities of all market capitalizations, with a bias toward smaller, more profitable or value companies. AVUS was launched on Sep 24, 2019 and is managed by American Century Investments.